Data / Rankings / Inflation, annual average / Countries

Countries by average annual inflation, 2024

Argentina had the highest average annual inflation of 175 countries in 2024, at 219.9%. Afghanistan had the lowest, at -6.6%. The median was 3.1% and the figure for the World was 3%. Source: the World Bank.

Highest219.9Argentina
Lowest-6.6Afghanistan
Median3.1175 countries
World3History

Top 40 countries, 2024

CSVChart (SVG)

ArgentinaArgentina: 219.9 %219.9South SudanSouth Sudan: 91.4 %91.4TürkiyeTürkiye: 58.5 %58.5PalestinePalestine: 53.7 %53.7LebanonLebanon: 45.2 %45.2NigeriaNigeria: 33.2 %33.2IranIran: 32.5 %32.5MalawiMalawi: 32.2 %32.2Sierra LeoneSierra Leone: 28.6 %28.6EgyptEgypt: 28.3 %28.3AngolaAngola: 28.2 %28.2HaitiHaiti: 26.9 %26.9LaosLaos: 23.1 %23.1GhanaGhana: 22.8 %22.8EthiopiaEthiopia: 21 %21BurundiBurundi: 20.2 %20.2SurinameSuriname: 16.2 %16.2ZambiaZambia: 15 %15São Tomé and PríncipeSão Tomé and Príncipe: 14.4 %14.4PakistanPakistan: 12.6 %12.6GambiaGambia: 11.6 %11.6BangladeshBangladesh: 10.5 %10.5UzbekistanUzbekistan: 9.6 %9.6NigerNiger: 9.1 %9.1ChadChad: 8.9 %8.9KazakhstanKazakhstan: 8.7 %8.7RussiaRussia: 8.4 %8.4LiberiaLiberia: 8.2 %8.2GuineaGuinea: 8.1 %8.1MadagascarMadagascar: 7.6 %7.6TunisiaTunisia: 7.2 %7.2ColombiaColombia: 6.6 %6.6UkraineUkraine: 6.5 %6.5Antigua and BarbudaAntigua and Barbuda: 6.2 %6.2MongoliaMongolia: 6.2 %6.2LesothoLesotho: 6.1 %6.1IcelandIceland: 5.9 %5.9BelarusBelarus: 5.8 %5.8RomaniaRomania: 5.7 %5.7JamaicaJamaica: 5.4 %5.4
%. Source: World Bank. Retrieved 2026-10-09.

Full ranking

RankCountries2024 (%)Change on 2023
1Argentina219.9+86.4 pts
2South Sudan91.4+89.1 pts
3Türkiye58.5+4.6 pts
4Palestine53.7+47.8 pts
5Lebanon45.2-176.1 pts
6Nigeria33.2+8.6 pts
7Iran32.5-12.1 pts
8Malawi32.2+3.4 pts
9Sierra Leone28.6-19 pts
10Egypt28.3-5.6 pts
11Angola28.2+14.6 pts
12Haiti26.9-9.9 pts
13Laos23.1-8.1 pts
14Ghana22.8-15.3 pts
15Ethiopia21-9.2 pts
16Burundi20.2-6.7 pts
17Suriname16.2-35.4 pts
18Zambia15+4.1 pts
19São Tomé and Príncipe14.4-6.9 pts
20Pakistan12.6-18.1 pts
21Gambia11.6-5.4 pts
22Bangladesh10.5+0.6 pts
23Uzbekistan9.6-0.3 pts
24Niger9.1+5.4 pts
25Chad8.9-1.9 pts
26Kazakhstan8.7-5.8 pts
27Russia8.4+2.6 pts
28Liberia8.2-1.9 pts
29Guinea8.1+0.3 pts
30Madagascar7.6-2.3 pts
31Tunisia7.2-2.1 pts
32Colombia6.6-5.1 pts
33Ukraine6.5-6.3 pts
34Antigua and Barbuda6.2+1.1 pts
35Mongolia6.2-4.1 pts
36Lesotho6.1-0.2 pts
37Iceland5.9-2.9 pts
38Belarus5.8+0.8 pts
39Romania5.7-4.7 pts
40Jamaica5.4-1.1 pts
41Bolivia5.1+2.5 pts
42Comoros5.1-3.3 pts
43Kyrgyzstan5-5.8 pts
44India5-0.7 pts
45Uruguay4.8-1 pts
46Mexico4.7-0.8 pts
47Nepal4.7-2.4 pts
48Moldova4.7-8.7 pts
49Serbia4.7-7.7 pts
50Nicaragua4.6-3.8 pts
51Honduras4.6-2.1 pts
52Cameroon4.5-2.8 pts
53Kenya4.5-3.2 pts
54Brazil4.4-0.2 pts
55South Africa4.4-1.7 pts
56Solomon Islands4.3-1.6 pts
57Chile4.3-3.3 pts
58Namibia4.2-1.6 pts
59Burkina Faso4.2+3.4 pts
60Mozambique4.1-3 pts
61Algeria4-5.3 pts
62Fiji3.9+0.9 pts
63Paraguay3.8-0.8 pts
64Poland3.8-7.7 pts
65Guinea-Bissau3.8-3.3 pts
66Hungary3.7-13.4 pts
67Saint Vincent and the Grenadines3.6-0.9 pts
68Vietnam3.6+0.4 pts
69Mauritius3.6-3.4 pts
70Estonia3.5-5.6 pts
71North Macedonia3.5-5.9 pts
72Tajikistan3.5-0.1 pts
73Côte d’Ivoire3.5-0.9 pts
74Netherlands3.3-0.5 pts
75Montenegro3.3-5.2 pts
76Uganda3.3-2 pts
77Dominican Republic3.3-1.5 pts
78Belize3.3-1.1 pts
79United Kingdom3.3-3.5 pts
80Philippines3.2-2.8 pts
81Mali3.2+1.1 pts
82Tonga3.2-3.2 pts
83Norway3.2-2.3 pts
84Australia3.2-2.4 pts
85Belgium3.1-0.9 pts
86Republic of the Congo3.1-1.2 pts
87Israel3.1-1.2 pts
88Tanzania3.1-0.7 pts
89Croatia3-5 pts
90United States2.9-1.2 pts
91Austria2.9-4.9 pts
92New Zealand2.9-2.8 pts
93Equatorial Guinea2.9+0.1 pts
94Guyana2.9+0.1 pts
95Kuwait2.9-0.7 pts
96Guatemala2.9-3.3 pts
97Togo2.9-2.6 pts
98Sweden2.8-5.7 pts
99Botswana2.8-2.2 pts
100Spain2.8-0.8 pts
101Bhutan2.8-1.5 pts
102Slovakia2.8-7.8 pts
103Greece2.7-0.7 pts
104Japan2.7-0.5 pts
105Dominica2.7-2.4 pts
106Iraq2.6-1.7 pts
107Mauritania2.5-2.5 pts
108Kiribati2.5-6.8 pts
109Bulgaria2.4-7 pts
110Czechia2.4-8.2 pts
111Portugal2.4-1.9 pts
112Singapore2.4-2.4 pts
113Canada2.4-1.5 pts
114South Korea2.3-1.3 pts
115Germany2.3-3.7 pts
116Palau2.2-10.6 pts
117Albania2.2-2.5 pts
118Azerbaijan2.2-6.6 pts
119Indonesia2.2-1.5 pts
120Samoa2.2-5.7 pts
121Libya2.1-0.2 pts
122Ireland2.1-4.2 pts
123Djibouti2.1+0.7 pts
124Timor-Leste2.1-6.4 pts
125Luxembourg2.1-1.7 pts
126Peru2-4.4 pts
127France2-2.9 pts
128Slovenia2-5.5 pts
129Malaysia1.8-0.7 pts
130Cyprus1.8-1.7 pts
131Rwanda1.8-18 pts
132Hong Kong1.7-0.4 pts
133Bosnia and Herzegovina1.7-4.4 pts
134United Arab Emirates1.70 pts
135Malta1.7-3.4 pts
136Finland1.6-4.7 pts
137Jordan1.6-0.5 pts
138Ecuador1.5-0.7 pts
139Saudi Arabia1.5-1 pts
140Central African Republic1.5-1.5 pts
141Barbados1.4-1.7 pts
142Maldives1.4-1.5 pts
143Denmark1.4-1.9 pts
144Qatar1.3-1.8 pts
145Latvia1.3-7.7 pts
146San Marino1.2-4.7 pts
147Gabon1.2-2.5 pts
148Benin1.2-1.6 pts
149Vanuatu1.1-10 pts
150Georgia1.1-1.4 pts
151Grenada1.1-1.6 pts
152Switzerland1.1-1.1 pts
153Cape Verde1-2.7 pts
154Morocco1-5.1 pts
155Italy1-4.6 pts
156Bahrain0.9+0.8 pts
157El Salvador0.9-3.2 pts
158Cambodia0.8-1.3 pts
159Senegal0.8-5.1 pts
160Lithuania0.7-8.4 pts
161Panama0.7-0.8 pts
162Macao0.7+0.2 pts
163Papua New Guinea0.6-1.7 pts
164Oman0.6-0.4 pts
165Trinidad and Tobago0.5-4.1 pts
166Bahamas0.4-2.6 pts
167Thailand0.4-0.8 pts
168Seychelles0.3+1.3 pts
169Armenia0.3-1.7 pts
170China0.2-0 pts
171Brunei-0.4-0.7 pts
172Costa Rica-0.4-0.9 pts
173Sri Lanka-0.4-17 pts
174Saint Lucia-0.7-4.5 pts
175Afghanistan-6.6-2 pts

Other periods

About this ranking

Annual average change in the consumer price index, percent.

United States: percent change between the annual average CPI-U (all items, US city average) of the year and of the previous year, rounded to one decimal as the Bureau of Labor Statistics publishes it; both averages are shown with each value. A whole-year figure: it differs from the December 12-month change in cpi_annual_change. Other countries and the World: World Bank, from IMF International Financial Statistics and national sources; the World value is the median of country rates, not a weighted average.

Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 17 countries with data in other periods have no value for 2024 and are left out rather than filled from another source. Equal values share a rank.

How to cite

World Bank, World Development Indicators. Inflation, consumer prices, annual % (FP.CPI.TOTL.ZG). https://data.worldbank.org/indicator/FP.CPI.TOTL.ZG. Retrieved 2026-10-09.

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Questions

Which country has the highest average annual inflation?

Argentina, with 219.9% in 2024, according to the World Bank.

Which country has the lowest average annual inflation?

Afghanistan, with -6.6% in 2024.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: World Bank, Inflation, consumer prices, annual % (FP.CPI.TOTL.ZG). Retrieved 2026-10-09. 17 countries have no value for 2024 and are not ranked.

Inflation, annual average: other rankings

Countries: more rankings